What is the entry for salary paid

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 October 2012 Hi experts
iam new to Industry experience ..

what is the entry for salary paid
which inclde..professional tax,pf,esi,hra

thanks
sada

17 October 2012 Salary A/c Dr.
HRA A/c Dr.
To Prof Tax A/c
To PF A/c
To Income Tax A/c
To ESI A/c
Debit the salary A/c and all the allowances given along with the salary. Credit the deductions from the salary. These deductions accounts will closed after the payments for which the amout is deducted.

17 October 2012 Agreed with the reply




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries